P&g declares a 7% dividend increase

Cincinnati--(business wire)--the procter & gamble company (nyse: pg) announced that its board of directors declared an increase in the quarterly dividend from $0.525 to $0.562 per share on its common stock and on the series a and series b esop convertible class a preferred stock of the company, payable on or after may 15, 2012 to common stock shareholders of record at the close of business on april 27, 2012 and to series a and series b preferred stock shareholders of record at the start of business on april 27, 2012. this represents a 7% increase compared to the prior quarterly dividend. p&g has been paying a dividend for 122 consecutive years since its incorporation in 1890. this marks the 56th consecutive year that the company has increased the dividend. about procter & gamble p&g touches and improves the lives of about 4.4 billion people around the world with its portfolio of trusted, quality brands. the company's leadership brands include pampers®, tide®, ariel®, always®, whisper®, pantene®, mach3®, bounty®, dawn®, fairy®, gain®, pringles®, charmin®, downy®, lenor®, iams®, crest®, oral-b®, duracell®, olay®, head & shoulders®, wella®, gillette®, braun®, fusion®, ace®, febreze®, and ambi pur®. with operations in about 80 countries, p&g brands are available in more than 180 countries worldwide. please visit http://news.pg.com for the latest news and in-depth information about p&g and its brands.
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